Parker joins from Savills’ development division after more than 14 years working on large scale residential and mixed-use development schemes. He most recently led Savills’ advisory team focusing on repurposing retail assets in London and the South East.
Parker will advise on strategic development, joint venture opportunities, funding, planning and leasing services on a coordinated basis. He will be based in our London office but will focus on Oxford, Milton Keynes and Cambridge.
The global pandemic is shining a light on the Arc’s world-renowned life sciences sector with global investors lining up to pour money into the Oxford-Cambridge Arc region - home to some of the UK’s best performing city economies.
McMahon’s team is focussing on large-scale development opportunities in these markets, providing development consultancy to investors and developers.
Research released by Bidwells last year forecast that up to 20 million extra sq ft of office and lab space will be needed in the region within the next two decades if it is to meet predicted demand.
McMahon said: “David brings some amazing experience from his time in London and joins us at a really exciting moment for the development sector across Oxford, Cambridge and Milton Keynes. The centre of gravity in the UK is changing and our region has the chance to really lead the way over the next five to 10 years.”